Collect Engineering Fees Without Delays
Engineering consultancies face 50+ day payment cycles as milestone payments get stuck in client approval processes. High-skilled workforce costs continue whilst project payments are delayed. Equisettle automates collections for complex engineering billing, reducing payment delays and improving project cash flow.
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Project milestone payments get delayed in client approval chains for weeks beyond agreed terms
Senior engineer costs of £500-800 per day continue while waiting for delayed project payments
✓ Collections running in the background, 24/7, without being asked
✓ "It's like having an extra finance team member — without the salary."
✓ Cash flow you can predict — not just hope for
✓ Finance team spending time on strategy, not spreadsheets
Live in 48 hours. No IT team required.
Connect your accounting software, and Equisettle handles the rest. Your dedicated success manager gets you fully live within two working days.
Frequently asked questions
How does Equisettle help engineering consultancy firms get paid faster?
Equisettle automates payment reminders for milestone-based project billing, tracks which invoices are approaching due dates, and escalates overdue payments automatically. Engineering consultancies using Equisettle typically reduce DSO by 20-30 days.
How does Equisettle handle milestone payment billing for engineering projects?
Equisettle tracks each project invoice individually, triggering automated reminders based on agreed payment terms. You can set custom escalation rules for high-value invoices — ensuring milestone payments don't slip through client approval processes unchallenged.
Which accounting integrations does Equisettle support for engineering firms?
Equisettle integrates with Xero, QuickBooks, Sage, and FreeAgent. Engineering project invoices sync automatically, giving you a real-time view of outstanding receivables across your entire client portfolio.
What is the typical payment delay for UK engineering consultancies?
UK engineering consultancies face average payment delays of 50-70 days, with some project milestone disputes extending this to 90+ days. Equisettle clients typically reduce payment cycles by 20-30 days through systematic automated chasing.
Can Equisettle manage retention payments for engineering firms?
Yes. Equisettle tracks retention amounts as separate line items and triggers reminders when retention release dates approach. This prevents the common problem of forgotten retentions sitting uncollected months after project completion.
